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I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game. ”
In the business world, the rearview mirror is always clearer than the windshield. ”
Your premium brand had better be delivering something special, or it's not going to get the business. ”
Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'. ”
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. ”
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. ”
Time is the friend of the wonderful company, the enemy of the mediocre. ”
Learning options will indeed mushroom for business students and leaders, but it will take prudence and shrewdness to find and utilize the best option. ”
The original and brilliant idea of an MBA was the opportunity for students to study the theory and application of business and management principles. ”
Government is not show business. ”